BRICS: US Hits Back at Russia, Looks to End Dependency on Uranium Hold
BRICS member Russia previously exported significant amounts of Uranium to the US to power its nuclear plant. However, the US stopped importing Uranium from Russia after the Biden administration pressed sanctions against the country for invading Ukraine. The geopolitical tensions between Russia and the BRICS are making the US break free from depending on natural resources from other countries. The US, which is heavily dependent on Russian Uranium, is now looking to end its reliance by finding effective alternative minerals. Also Read: BRICS GDP Reaches $31 Trillion With New Members Uranium Battle: The US Fights Russia and Other BRICS Members Source: investingnews.com The Biden administration is allowing industry players to explore alternative white metals that could effectively replace Russia n Uranium . Industry insiders told Oil Price that the White House is looking at Thorium as a safer option than Uranium to power its nuclear plant. The administration is actively hunting for ...